January 12 - Incredible Buys Every Week at Foreclosure Auctions:

Look at what people just like you bought at Trustee Sales in California, Arizona, and Nevada.

In the last week (January 7th thru January 11th) investors just like you were able to buy foreclosure properties at tremendous discounts in California, Nevada, and Arizona. Foreclosure Auctions are held every week day. Perhaps you already have a Home in California and you are thinking about a Retirement Home in the desert or a Vacation Home along the Colorado River or a Condo near the ski slopes on the Nevada side of Lake Tahoe. Or you might be looking for Income property like 4-Plexes in Long Beach or Garden Grove so that you will have Cash coming in each month while you enjoy your Golden Years. Whatever you are looking for, there is one answer that you should keep coming back to:

The Best Prices on Real Estate are to be found through the Foreclosure Auctions.

Here are just a few examples of great buys from last week:

Address

City

Lot

Sq Ft

BD-BA

Est Value

Sold Amt

Est Equity

COASTAL VIEW DR

LOS ANGELES

6380

4997

4-5

$2,025,166

$1,535,500

$489,666

LAVETA TER

LOS ANGELES

6970

2150

5-3

$681,134

$525,000

$156,134

CLUB VIS

TRABUCO CANYON

NA

NA

NA

$751,973

$605,500

$146,473

N TUSTIN AVE # 6

SANTA ANA

NA

1455

3-2

$197,875

$85,000

$112,875

MOUNTAIN AVE

ROMOLAND

41382

1536

3-2

$171,730

$66,500

$105,230

ALTURA AVE

LA CRESCENTA

8098

1681

3-2

$567,226

$472,000

$95,226

PARTHENIA ST

CANOGA PARK

9598

1364

3-2

$373,810

$284,000

$89,810

CENTRAL AVE

GARDEN GROVE

NA

1500

3-2

$454,422

$371,100

$83,322

SERRENTO DR

MURRIETA

6970

3771

4-4

$324,923

$256,000

$68,923

Source: CountyRecordsResearch

The examples above are actual sales that just took place last week. A West LA Beauty of a Home with an Ocean View generated over $400,000 in instant equity, while another West LA Home near the Water created over $150,000 in instant equity, and a Country Club Home in Orange County got that buyer over $140,000 in instant equity. There are nice properties in great areas, and income properties everywhere; don't make the mistake of thinking that a foreclosure property is in bad shape or in a bad location. There are Huntington Beach Foreclosures, Carmel Foreclosures, Dana Point Foreclosures, La Jolla Foreclosures, Pacific Beach Foreclosures, Flagstaff Foreclosures, Tucson Foreclosures, Lake Havasu City Foreclosures, Lake Tahoe Foreclosures, Marin County Foreclosures, Monterey Foreclosures, San Francisco Foreclosures, and much, much more. Many of these properties are in great locations and have had recent upgrades because the previous owner refinanced with the intention to sell at a profit, only to be caught by declining values that they didn't expect.

There are beautiful properties from San Diego to the San Francisco Bay, from Phoenix to the Grand Canyon, and from Las Vegas to Lake Tahoe. Any property can be in foreclosure. There are Commercial Foreclosures, Condominium Foreclosures, Multi-Unit Foreclosures, Vacant Land, Horse Properties, Waterfront Homes, Retail Properties, and more. Any Real Estate in Default due to missed payments can go to the auction, and it is at the auction that lenders deeply discount these properties for a fast sale. Whether you are looking for a Beach Home or a Mountain Cabin, you will find it. There are new foreclosure properties every day.

To buy properties at these incredible discounts, you need to find out when the sales are taking place, find out which loan is foreclosing, research the property itself, and finally you need to attend the sales or hire a bidding agent to bid on your selected properties. County Records Research, a local OC company operating in Huntington Beach, has been providing this type of information to real estate investors for over 30 years. They take the time to teach you how to use it so that you can tell a good deal when you see it. They also have bidding agents available to go to the auction for you in Orange County, Los Angeles County, and Las Vegas. This is a great help for those of us who aren't used to going to auctions, but still have the desire to buy great properties at great prices. CRR provides information on defaulted properties throughout the states of Arizona, California and Nevada every day, with updates and sale results throughout the day (www.CountyRecordsResearch.com).

Look at some of the properties going to sale next week:

Address

City

Lot

Sq Ft

BD-BA

Est Value

Drop Bid

Est Equity

JAGUAR WAY

PALM DESERT

52272

3646

3-3

$1,602,925

$974,122

$628,803

E ANDREWS DR

LONG BEACH

10503

2919

4-3

$837,428

$625,000

$212,428

HILLSIDE DR

GLENDALE

7587

1232

2-1

$505,261

$310,000

$195,261

S DENKER AVE

GARDENA

5043

1368

4-2

$342,084

$185,000

$157,084

GREEN VIEW RD

LA HABRA HEIGHTS

28485

2791

3-3

$626,887

$475,000

$151,887

CLAY AVE

HUNTINGTON BEACH

NA

1444

3-2.5

$449,362

$305,000

$144,362

LUCERO

MISSION VIEJO

6565

2036

3-2.5

$542,684

$400,000

$142,684

TREETOP CIR

HUNTINGTON BEACH

13260

1400

3-2

$568,256

$437,750

$130,506

MARIPOSA DR

BREA

NA

1434

4-2

$416,495

$295,000

$121,495

The properties listed above are just a small sampling of the bargains that are possible at the auctions. Only One in Ten properties will have a discounted price announced ahead of time. Most discounted opening bids are first announced at the auction itself. So you want to be prepared well ahead of time and have a set price that you are willing to spend. You will likely pay less. Given the fact that most properties have their sales postponed anywhere from two to a dozen times before the sale actually happens, many potential buyers have been sidelined due to their inability to miss work to attend all the sales. Most postponements are for 30 days. Even experienced investors find these postponements extremely limiting and time-consuming. To address this need, County Records Research introduced Trustee Sale Bidding Services to assist potential buyers at the Orange County, Los Angeles County and Las Vegas sale locations. To find out how it works, go to www.countyrecordsresearch.com, click on the Trustee Sale Bidding Service icon at the top of the page, then click on the links to view informative screen-capture tutorials on YouTube to get a detailed description of how the process works.

The number of properties being sold to third party bidders is increasing every month. The estimated minimum bid (what is owed) is being slashed on most trustee sales, providing an opening bid that discounts properties below market value by as much as 35% to generate demand from smart investors. These properties are finally being priced to sell, so don't miss out on the best opportunity in 25 years to buy real estate for below market value.

County Records Research has been providing daily default and foreclosure lists, mentoring and educational services to California real estate investors for over 30 years. For over 3 years CRR bidding agents have allowed investors and realtors to place bids from their desktop and increase their odds of success. Call their office at (800) 664-2567 to speak with one of their seasoned staff members, or log into their website at www.countyrecordsresearch.com and start building your portfolio. Get a FREE 5 day trial by entering Promo Code OCRR5 when you register, or you can get temporary access to www.countyrecordsresearch.com with username ocrblog and password home … good thru January 14, 2013. Just select login at the home page and enter the username and password. Once logged in, just select “property search” and pick a county. You can search upcoming auctions as well as research previous sales for valuable insights into what has been happening each week day. You should focus on properties similar to those that interest you. Look at what took place yesterday, and prepare for tomorrow. There are videos and pod-casts that feature screen shots and narratives on how to use the website, and how to place bids online.

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